Circular Flow Of Income — Important Questions
ICSE · Class 12 · Economics
70 important questions from Circular Flow Of Income for ICSE Class 12 Economics, with answers. Includes multiple choice and multiple correct questions.
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Important Questions from Circular Flow Of Income
Which income is the remuneration for human labour?
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Wage
Wage is the remuneration for human labour.
Which income is the remuneration for land?
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Rent
Rent is the remuneration for land.
Which income is the remuneration for capital?
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Interest
Interest is the remuneration for capital.
Which income is the remuneration for entrepreneurship?
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Profit
Profit is the remuneration for entrepreneurship.
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